Dorsey & Whitney partner sacked after FSA inquiry

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Latest Briefings

Putting data to work

By Nicholas d’Adhemar Technology is dramatically changing the practice of law. Big data, machine learning, smart contracts and Artificial Intelligence are all making the assimilation and interpretation of large amounts of unstructured data much easier. Some doom-mongers see this as the end of the traditional practice of law. We believe, rather, that the trend will be […]

The Romanian Competition Council never rings twice

By Georgiana Badescu, Mona Banu, Volker Weiss This is how it all starts: with a ring at the door We can only imagine how big the surprise must be when you find out that your Belgium-based office is being raided in an investigation by the Romanian Competition Authority. But it is a fact that the […]

E-mobility market in Portugal – An overview

By Manuel Santos Vitor, Catarina Cortez Gamito Historical and legal background One of the main national priorities in what concerns the Portuguese electricity sector is the development and full implementation of a strong electric mobility (‘e-mobility’) market. This priority largely results from the government concerns associated not only with the environment (ie, reduction of greenhouse gas (GhG) […]

New Jersey LLC law strengthens the Island’s offering to US managers

By Matthew Shaxson Jersey’s new LLC law strengthens the Island’s offering to US managers to build on the £169 billion of US assets and funds already administered here, says Ogier partner Matthew Shaxson. The Island’s legislature gave final approval to the new LLC structure, which largely mirrors the existing Delaware model, last week. With a significant […]

Cayman Grand Court hands down decision on master-feeder fund structures

By Giorgio Subiotto, Tim Cone The Cayman Grand Court has handed down a decision that has significance for Cayman master-feeder fund structures. Funds and their advisers should review the redemption provisions in master fund articles of association and partnership agreements to ensure that, operationally, redemptions are being effected in accordance with such documents. Background In the matter […]

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Jason Mogg

Former Linklaters lawyer joins Romanian spin-off

Linklaters’ Eastern European spin-off firm ­Kinstellar has expanded its Romania practice by hiring a former Linklaters lawyer. Jason Mogg Bogdan Bibicu, who was a banking associate in Linklaters’ London office between 2005 and 2006, joins as a partner and head of banking and finance in Bucharest. Immediately prior to ­taking the post at Kinstellar, Bibicu […]

Ashurst scoops lead role on M25 widening project

Ashurst client Connect Plus consortium has reached financial close on the £6.2bn M25 widening project. The deal, which obtained £1.3bn in financing from a group of 16 commercial banks and the European Investment Bank (EIB), is one of the few large-scale PFI infrastructure deals to close since the onset of the global financial crisis. Moreover, […]

LLST chief calls for advice centre funding overhaul

With an increasing number of people joining job queues and getting their houses repossessed, the demand for free social welfare legal advice has never been greater. So it is reassuring to know that donations from the 5th London Legal Sponsored walk, which raises money for the capital’s legal advice centres, made £380,000 – the highest-ever […]

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Focus: Unitary authorities: No county for old men

The launch of nine new unitary authorities has put the cosy world of the council lawyer on a collision course with the new, super-sized legal teams When the nine new unitary authorities were launched last month, hundreds of lawyers were thrust together in the biggest shake-up of local government for 30 years. For solicitors in Cheshire, ­Bedfordshire (which, […]

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Ashurst revenues down by 7 per cent

Ashurst has reported a seven per cent drop in global revenues for the 2008-09 financial year. The silver circle firm announced total revenue of £301m, which is down from £323m at the end of the 2007-08 financial year. While the firm is yet to announce its average profit per equity partner (PEP) figure, managing partner […]

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